Ripple has announced a strategic partnership with Web3 Salon to accelerate the growth of Japan’s digital asset ecosystem through targeted funding and support for XRPL startups.
This collaboration aims to empower decentralized finance (DeFi), tokenized real-world assets (RWA), and digital payments projects by providing up to $200,000 in grants per initiative under Ripple’s XRPL Japan and Korea Fund.
According to Christina Chan, senior director of developer growth at RippleX, “Together, we hope to fuel innovation and support the next generation of leaders.”
Ripple partners with Web3 Salon to boost Japan’s digital asset ecosystem, offering substantial grants to XRPL startups focused on DeFi, RWA, and payments innovation.
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Ripple and Web3 Salon Forge Partnership to Drive XRPL Innovation in Japan
In a significant move to strengthen Japan’s blockchain landscape, Ripple has joined forces with Web3 Salon, a project backed by the Asia Web3 Alliance Japan and supported by the Japan External Trade Organization (JETRO). This partnership is designed to catalyze the development of the XRP Ledger (XRPL) by providing financial and technical resources to startups and developers. Ripple’s commitment includes grant funding of up to $200,000 per project over the next year, aligning with its broader pledge of 1 billion XRP to the XRPL Japan and Korea Fund. The initiative prioritizes projects in decentralized finance (DeFi), tokenized real-world assets (RWA), and digital payments, reflecting Ripple’s strategic focus on scalable and practical blockchain applications.
Expanding XRP Adoption Through Strategic Collaborations and Community Engagement
Ripple’s engagement in Japan extends beyond funding, encompassing partnerships with major industry players such as SBI Holdings, HashKey DX, Mercari, and Yonsei University. These collaborations are instrumental in driving XRP adoption across multiple sectors, including payments, supply chain finance, Web3 technologies, and NFTs. Notably, Ripple anticipates that by the end of 2025, approximately 80% of Japanese banks will integrate XRP into their operations, underscoring the token’s growing institutional acceptance. Complementing these efforts, Ripple and Web3 Salon plan to co-host four major community events through March 2026. These events will spotlight Japan’s blockchain innovations, facilitate investor networking, and provide educational workshops aimed at fostering a robust developer ecosystem.
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The announcement of Ripple’s partnership with Web3 Salon has coincided with a notable uptick in XRP market activity. At the time of reporting, XRP’s price increased by over 3% within 24 hours, trading around $2.23, with a significant 146% surge in trading volume. This heightened market interest reflects growing confidence in Ripple’s strategic initiatives within Japan’s digital asset space. Looking ahead, Ripple’s sustained investment and ecosystem-building efforts are expected to enhance the utility and adoption of XRP, positioning Japan as a key hub for blockchain innovation in Asia.
Ripple’s collaboration with Web3 Salon marks a pivotal advancement in Japan’s digital asset ecosystem, combining substantial financial support with strategic partnerships to accelerate XRPL development. By focusing on DeFi, tokenized assets, and payment solutions, Ripple is reinforcing its commitment to fostering innovation and expanding XRP adoption in a critical Asian market. This initiative not only strengthens Ripple’s regional presence but also contributes to the broader maturation of blockchain technology in Japan.
Source: https://en.coinotag.com/ripple-may-collaborate-with-web3-salon-to-support-japans-digital-asset-ecosystem-development/